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Browsing Tag

moneypensions

58 posts
PPersonal finance
Spending your savings: Will you change your mindset and splash out when you reach retirement
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Are you scared of spending your pension? Many are too afraid to let go of savings

  • 22 August 2025
Around one in four people are loath to spend any savings they have built up for retirement and…
PPersonal finance
Feeling the pressure: Renting in retirement can stretch a pensioner's budget (stock image)
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Pensioners who rent need extra £398,000 saved to cover the cost

  • 22 August 2025
Savers who don’t own their home could be hurtling towards a pensions crisis as the bill for renting…
PPersonal finance
Falling short: In some areas, half of people are on track to retire on less than £13,400 per year
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The areas of Britain where HALF of adults risk retirement poverty – and what you can do

  • 15 August 2025
Across the country, there are people who face having to make cutbacks in retirement as their pension and…
PPersonal finance
Aviva took six months to transfer my pension - and it cost me £7,000: SALLY SORTS IT
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Aviva took six months to transfer my pension – and it cost me £7,000: SALLY SORTS IT

  • 15 August 2025
By SALLY HAMILTON Updated: 10:53 EDT, 14 August 2025 I had three pensions with Aviva worth £140,607 that…
PPersonal finance
Pending rules: People who die aged under 55 will have inheritance tax levied on pension savings they never accessed
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Families of people dying too young to access pensions not spared in inheritance tax raid

  • 13 August 2025
People who die young will have inheritance tax levied on pension savings they never had a chance to…
PPersonal finance
Self employed pension crisis: The SMF is urging the government to encourage more to save
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EXC – HMRC and banks should ‘nudge’ the self-employed to save into a pension, says think tank

  • 12 August 2025
By ANGHARAD CARRICK Updated: 17:00 EDT, 11 August 2025 The Government must allow HMRC and financial service firms…
PPersonal finance
Steve Webb: Scroll down to find out how to ask him YOUR pension question
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Should I buy an immediate needs annuity to pay my 86-year-old mother’s care fees? STEVE WEBB replies

  • 11 August 2025
My mum has been in a residential care home for eight years and is now 86. She is…
PPersonal finance
A ‘fixed-term’ annuity instead of the common ‘lifetime’ option could boost your retirement income
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The little-known trick to lock in a guaranteed 9% return on your pension income – here’s exactly what you need to do…

  • 10 August 2025
Many over-55s are missing out because they are unaware of a valuable trick that could guarantee income in…
PPersonal finance
Private pensions: There was a 48% gap in median pension wealth among men and women aged 55-59 in 2020-22, according to Government data published last month
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State pension gender gap narrows – but difference in size of private pots is still huge

  • 7 August 2025
The state pension gender gap has shrunk to 1 per cent, less than a decade after a major…
PPersonal finance
Inheritance tax raid: The Chancellor announced in last autumn's Budget that money remaining in pension pots is going to be hit by death duties
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Pensioners race to cash in pots to beat Rachel Reeves’s inheritance tax raid

  • 4 August 2025
Pension withdrawals have spiked in the wake of the Government’s announcement of a tax raid on inherited pots.…
United Kingdom
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